Director, Compensation Manager – Investments and Wealth Management Position Available In New York, New York

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Company:
BNY Mellon
Salary:
$212500
JobFull-timeOnsite

Job Description

Director, Compensation Manager – Investments and Wealth Management BNY Mellon United States, York, York Jun 12, 2025 Director, Compensation Manager – Investments and Wealth Management At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere. We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about. We’re seeking a future team member for the role of Director, Compensation Manager – Investments and Wealth Management, to join our Compensation team. In this position, you will play a key role in shaping the compensation strategy and programs that support the growth and success of our investment businesses, while driving alignment and synergy across the organization. BNY Investments’ offering from mainstream equities to alternatives, from private debt markets to the world of fixed income, manages approximately 2 trillion in AUM and each has its own specialist investment expertise, its own culture, philosophy and proprietary investment process. This role is located in

NEW YORK, NY – HYBRID

(4 days in office). In this role, you’ll make an impact in the following ways: Develop and implement compensation strategies that align with BNY’s business objectives and support the growth of our investment firms and wealth management
Collaborate with senior leaders to design and deliver compensation programs that attract, retain, and motivate top talent
Analyze market trends and competitor data to inform compensation decisions and ensure BNY’s competitiveness in the market
Provide expert guidance and advice to stakeholders on compensation-related matters, including regulatory requirements and industry’s best practices
Lead projects to review and refine compensation processes, ensuring efficiency, effectiveness, and compliance with regulatory requirements To be successful in this role, we’re seeking the following: 10+ years of experience in compensation and deep understanding of the investment business and its compensation trends
Strong knowledge of compensation principles, practices, and regulatory requirements
Experience in designing and implementing compensation programs, including base pay, incentives, and benefits
Excellent analytical, communication, and project management skills
Ability to work collaboratively with stakeholders, including senior leaders, HR partners, and external consultants At BNY, our culture speaks for itself. Here’s a few of our awards: America’s Most Innovative Companies, Fortune, 2024
World’s Most Admired Companies, Fortune 2024
Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
Best Places to Work for

Disability Inclusion, Disability:
IN – 100

% score, 2023-2024
“Most Just Companies”, Just Capital and

CNBC, 2024

Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
Bloomberg’s Gender Equality Index (GEI), 2023

Our Benefits and Rewards:

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter. BNY is an Equal Employment Opportunity/Affirmative Action Employer – Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans. BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $200,000 and $225,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs. This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

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